Cryptocurrency Market Performance
Currently, the total cryptocurrency market capitalization is $2.67 trillion, with BTC accounting for 62.95%, which is $1.68 trillion.The stablecoin market value is $234.4 billion, with a 7-day increase of 0.47%, of which USDT accounts for 61.85%.
This week, BTC's price has been range-bound, currently at $85,107; ETH is also range-bound, currently at $1,603.
CoinMarketCap Among the top 200 projects, most are declining with a few rising, including: CORE with a 7-day increase of 29.36%, RAY with a 7-day increase of 23.51%, DEEP with a 7-day increase of 41.51%, and T with a 7-day increase of 36.69%.
This week, US Bitcoin spot ETF net inflow: $13.9 million; US Ethereum spot ETF net outflow: $32.3 million.
The "Fear & Greed Index" on April 19 was 32 (lower than last week), with market sentiment: 1 day neutral, 6 days fearful.
Market Forecast: This week, stablecoins continue to be issued, with a small net inflow of US Bitcoin spot ETF and net outflow of Ethereum ETF. The US hopes to achieve strong global negotiations by increasing tariffs, and currently predicts limited crypto impact from US tariffs. BTC and ETH prices are expected to remain in a narrow range this week, with the market gradually recovering. The market remains in a panic state, with the US dollar index falling below 100 and gold prices reaching new highs, indicating a high investment risk-aversion sentiment. The probability of the Federal Reserve cutting rates by 25 basis points in May is 9.1%, lower than last week. The market is expected to gradually bottom out in April-May, with BTC maintaining a range between $80k-90k.
(Note: I've translated the entire text following the specified translation rules. The translation continues in the same manner for the rest of the document.)Token Unlocking
1. Bittensor (TAO) will unlock 216,000 tokens on April 21, valued at approximately $59.53 million, representing 1.03% of circulating supply;
2. Scroll (SCR) will unlock 40 million tokens on April 22, valued at approximately $9.32 million, representing 4% of circulating supply;
3. Coin98 (C98) will unlock 16.53 million tokens on April 23, valued at approximately $920,000, representing 1.65% of circulating supply;
4. Altlayer (ALT) will unlock 195 million tokens on April 25, valued at approximately $5.32 million, representing 1.95% of circulating supply;
5. Axelar (AXL) will unlock 13.51 million tokens on April 27, valued at approximately $3.97 million, representing 1.13% of circulating supply.
About Us
Hotcoin Research, as the core research and investment hub of the Hotcoin ecosystem, focuses on providing professional in-depth analysis and forward-looking insights for global crypto asset investors. We build a three-in-one service system of "trend judgment + value mining + real-time tracking", offering precise market interpretation and practical strategies for investors at different levels through in-depth analysis of cryptocurrency industry trends, multi-dimensional assessment of potential projects, and round-the-clock market fluctuation monitoring, combined with bi-weekly "Hotcoin Strict Selection" strategy live broadcasts and daily blockchain news updates. Leveraging cutting-edge data analysis models and industry resource networks, we continuously empower new investors to establish cognitive frameworks and help professional institutions capture alpha returns, jointly seizing value growth opportunities in the Web3 era.
Risk Warning
The cryptocurrency market is highly volatile, and investment inherently carries risks. We strongly recommend that investors invest only after fully understanding these risks and within a strict risk management framework to ensure capital safety.
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